Andy Warhol’s Former Hamptons Estate Sold For $50 Million

Andy Warhol’s former estate in Montauk, New York, was recently sold for the mind-boggling sum of $50 million, which is actually justified considering that this place used to belong to one of the most famous American artists in recent history. Built during the 1930s, the compound features a series of white-shingled cottages as well as a luxurious residence of 3,800 square feet.

The property is currently known as “Eothen”, and it affords exceptional panoramas of the ocean. It was purchased by Adam Lindemann, who is the founder of the Venus Over Manhattan gallery. The initial price tag was $85 million, and it included a 24-acre horse farm. Since Adam had no interest in owning the farm, he was allowed to purchase only a part of the entire property.